Organizations can make money and “do good” for their communities at the same time while operating in the tax-exempt, charitable sector. That is the central premise of a new book, Community Investors: Making Money While Making Social Change, by Sylvia L. Quinton, with Theodore H. Brown and Tanya Madison Morrison, $27.95, Community Impact Media Group. ISBN; 978-009893052-1-1.
The authors share their strategies for creating organizations and turning them into what they call “magnets for money.” The book is written in clear, easy-to-follow language interspersed with clear and helpful graphics.
“Community Investors,” as they define them, are people or organizations who “operate with the objective of making money and realizing a profit while using strategies reserved for public charities.”
Sylvia L. Quinton and Tanya Madison Morrison began working in nonprofit law more than 25 years ago, providing organizational development and consulting services in the HIV/AIDS field.
“Sylvia was fully convinced that she had found the vehicle through which we could generate viable income to sustain ourselves, while at the same time create a business and careers in which we could put all of our skills to use,” Morrison writes in her overview of the topic.
Less convinced, Morrison left and spent a decade to develop and sell real estate until the bottom dropped out of the markets in 2008. Once again making a decision between “Wall Street” and the sector she calls “Main Street,” she returned to the social sector with new fervor.
Morrison is an attorney specializing in business development and charitable organizations. She is the founder of 360 Degree Woman, Inc., a personal and professional development company, and founder of the website www.nonprofityriches.com.
